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You have been assigned to manage booking levels for Delta Airlines. Flight from Seattle to Dallas has been the focus of attention for revenue management due to low utilization of the available seats. This flight is served by a Boeing 737 with a capacity of 150 seats in the Economy class. The economy full fare on this flight is $800. For Flight scheduled on April 15, you have already accepted 100 reservations so far. No discount fares are being offered. Based on the past history of bookings on this flight, you expect the additional demand for this flight for full-fare economy seats to be Uniformly distributed between 1 and 100 reservations. Assume that all passengers who make reservations on this flight will show up, and hence you should not overbook this flight. You have received a message from Priceline indicating that a group of students are willing to offer $360 per seat for a group of at least 20 seats, and the group is willing to buy up to 50 seats at this price. Should you accept this offer? If so, how many seats are you willing to give to this group? If not, how much will the students need to offer to obtain a reservation for at least 20 seats?
Research a company that has recently expanded internationally. Apply the PESTEL model to discuss some of the risks and issues that the company had to consider prior to making the decision to expand and how that may have impacted the mode of entry. Wh..
Specifically describe the linkage between the following pairs of metrics (Note: In each pair, the first metric is the kind of measurement the supervisors and managers would monitor and be evaluated on, and the second is the bigger picture metric t..
describe a situation in which a leader with a predominantly relationship behavior leadership style would be better
What sequence should products be scheduled for production - what is the profit if the company manufactures the optimal product mix.
What is Floyd's reorder point if the firm wants to restrict the probability of a stockout on any one cycle to at most 1%? What are the safety stock levels and the annual safety stock costs for the reorder points found in parts (a) and ..
The term bureaucratic has the same meaning as mechanistic when the topic is organizational structure. What is a mechanistic organization? Where do you see this type of structure being used? What are the differences between a mechanistic (bureaucratic..
Consider what are the parameters and considerations that must be made when developing the employee schedules for the retail stores at Feets. Are there software packages to assist in this activity
The Project Management Institute (PMI) states that all projects should be formally closed when following the PMBOK® guide, although experienced project managers often disagree. Identify a possible exception using an example and explain why there shou..
Develop an MRP for Space Age Furniture Company using the information in the case including the production of sub-assemblies in lot sizes of 1,000.
Identify and describe the main components and issues of the organization, financing and delivery of health services and public health systems in the US. Highlight at least one problem for organization, one problem for financing, and one problem for d..
Use the Internet to obtain recent crash-safety ratings for passenger vehicles. Then answer these questions.
James Balog is doing everything he can to expose the truths about melting glaciers around the world. Who else needs to address this issue? What needs to be done to reduce climate change?
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